News

ING looking to integrate biodiversity KPIs further into lending

ING is working to further integrate biodiversity into its operations, including by setting up a working group to assess how it could be implemented within its lending, the Dutch bank has revealed.

Fitch: ISSB is 'catalyst for every Chinese firm' on sustainability reporting

The development of the International Sustainability Standards Board (ISSB) disclosure guidelines are a "very important signal" to Chinese firms to improve sustainability reporting if they want to secure greater access to international capital, according to Sustainable Fitch.

Tailor reporting to fit investor dependency on ESG data, companies told

Companies have been told to ensure their sustainability reporting is streamlined to help "time-poor" investors reliant on third-party ESG data providers.

People moves, 21 July: TPI, CDP, Barclays ... and more

Stalled EU social taxonomy work to be 'restarted' by French investors

Work on a stalled proposal to develop an EU-wide taxonomy of social activities is to be taken up by national sustainable investment fora.

Chile raises CLP1.75trn from first local currency sovereign SLB

Chile has raised CLP1.75 trillion ($2.2 billion) from the first local currency-denominated sovereign sustainability-linked bond, and it confirmed $1.34 billion of its conventional debt has been exchanged for SLBs.

FAB issues 'first' UAE dirham green sukuk

First Abu Dhabi Bank (FAB) has raised AED1.3 billion ($354 million) from a ground-breaking green sukuk, which was also the first labelled 'green' issuance denominated in United Arab Emirates (UAE) dirham.

$400m C-Pace green bond programme launched

Calvert Impact is hoping to raise $400 million through an asset-backed green bond that will finance energy-efficient commercial real estate.

US regulators stand firm on climate responsibilities in 'anti-ESG' hearings

US financial services regulators have explained how oversight of climate-related risks is a core part of their mandate, amid attacks on ESG investing in a US House of Representatives hearing.

European companies "falling behind" on material disclosures

European companies are "falling behind" on the disclosure of financially materially sustainability data, ESG Book claimed.